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Established Convenience Store For Sale

North London, London, UK
Asking Price:
£120,000
Turnover:
£312,000
Net Profit:
Undisclosed

DOUBLE FRONTED PREMISES in the region of 450 ft² with tiled floor, suspended ceiling with LED Panel lighting, sales counter, cash register, cigarette gantry, modern adjustable shelving, 3 x drinks display fridge (glass fronted upright double-door), open cool display unit (1.9 metres), walls Ice Cream Freezer, CCTV system (8 cameras, 1 monitor).

Small storeroom.

Staff Toilet with w.c. and wash hand basin.

Staff Kitchen

LOCATION: Terrace property, excellent trading position, residential area, NW London

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £5,000 - £7,000 p.w. with a Gross profit of 50% approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing alcohol, etc.

STAFFING: The business is at present operated by the vendor's family member with 1 full time staff employed.

PRICE: TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£25,000 APPROX.)

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold